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First recorded activity by BoatBanter: Nov 2008
Posts: 27
Default Obama's clean coal policy

"Let me sort of describe my overall policy.

What I’ve said is that we would put a cap and trade system in place
that is as aggressive, if not more aggressive, than anybody else’s out
there.

I was the first to call for a 100% auction on the cap and trade
system, which means that every unit of carbon or greenhouse gases
emitted would be charged to the polluter. That will create a market in
which whatever technologies are out there that are being presented,
whatever power plants that are being built, that they would have to
meet the rigors of that market and the ratcheted down caps that are
being placed, imposed every year.

So if somebody wants to build a coal-powered plant, they can; it’s
just that it will bankrupt them because they’re going to be charged a
huge sum for all that greenhouse gas that’s being emitted.

That will also generate billions of dollars that we can invest in
solar, wind, biodiesel and other alternative energy approaches.
The only thing I’ve said with respect to coal, I haven’t been some
coal booster. What I have said is that for us to take coal off the
table as a ideological matter as opposed to saying if technology
allows us to use coal in a clean way, we should pursue it.

So if somebody wants to build a coal-powered plant, they can."

http://www.freerepublic.com/focus/ne.../posts?page=11

The guys a f**king economic genius.

I wonder if the folks in WVA, PA and OH know about this?
 
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